Tag: charity

Al Jalila Foundation, a Dubai-based non-government organization (NGO), has received approval to accept charitable donations in cryptocurrencies, becoming UAE’s first healthcare charity accepting donations in crypto. The NGO is also a member of the recently created the Mohammed Bin Rashid Al Maktoum Global Initiative. The foundation has already partnered with a leading crypto platform on…

Ukraine has received about $100 million worth of crypto donations, according to CoinDesk. The country also partnered with FT and Everstake to launch a new crypto donation website. FTX is converting crypto contributions to Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine. Alex Bornyakov, Ukraine’s Deputy Minister for Digital Transformation,…

NFT artist Olive Allen said by publicly burning her Russian passport, protesting the current government. Allen said she will use funds from the sale to donate to Save the Children, an organization aimed at helping children around the world. Olive Allen, a Russian national and artist who has lived in the USA for more than…

Binance, a global cryptocurrency exchange, on Sunday announced a $10 million donation to help the humanitarian crisis in Ukraine. This is by far the largest amount donated by the crypto industry. Previously, Changpeng Zhao, CEO of Binance, said it included ground logistics, food, fuel, supplies, refugees, places to stay, visas, and more. Binance, the world’s…

DeFi is changing the way the sector operates by using onramps and integrations across blockchains to make giving to charities easier, writes George Harrap on Cointelegraph. Most of the stories coming out of the crypto industry this past year have centered around enormous numbers flowing in and out of the space. From stablecoins topping over…